Hit 65000 Sensex support , time, Gold, USD index , Crude , USD INR and yields , what’s in store

 

20th July shared when the Sensex was 67500+ levels - that it wall fall to 65000 levels in 15 days and there is a strong support at 65000. On 3rd Aug it  touched 65000 and in last 15 days it has touched 3 times and rebounds. Markets and analysts were not even thinking of 65000 when it was 67500+. Markets are bound to start its journey back to 67500 and then again with a correction to 70000 in 30-60 days. Even USDINR should appreciate and even USD index is expected to fall further. USD JPY 145 levels is to be breached and JPY is expected to fall further on account of Shifting of Cars Market and technology shift with non productive Expenditure on Army and hence more of JGB and expect a longer May be another 12-24 months of  5-6% rates and rating downgrades. Expect a Full Escalated War in Ukraine and even bombings on Iran by Israel. This is a way to save USD hegemony and supremacy. NATO will never break and China Russia Iran and North Korea will be stronger. US softening stand on Iran and sling not to support Russia is clear indication of Russian upper position and Pressure on US and NATO. Kissinger Visit was also could not convince China. On the contrary, after a while of contraction, Russia showing recovery, Russia producing 3-4 times more arms, and Nuclear preparedness has actually threatened CIA and NATO. Rebalancing of power and NATO losing to Russia is also not a possibility- So Solution ? Prolonged war and even other mis- happening’s leading to political and economic insurgency leading to Fall of Russia, Iran and China. Resulting into more of India story and hence may be a political stability as benefit to India as any change in political position in india May take india 10 years back and reversals of reforms and push direction etc will rebalance and foreign powers involvement may increase due to change in power at centre in India. At least till December 23, it’s time to take further benefits !! Defence Stocks will fall if change in power at centre happens, China policy will change and hence caution …wait and watch….actively …